I spoke with the VA mortgage people today and learned something important I was unaware of, and would be willing to bet 90% of Veterans do not know either.

The mortgage guy asked if I had used my VA benefit before, and I replied yes, but the loan is paid off. I knew you could get another VA loan, but was not aware that this benefit can be used over and over. He went on to tell me that many vets wait till they are older to use that one benefit. You can actually have 2 at one time, provided one is primary residence.

Passing this on, hopefully it can help Someone out.

Last edited by 57Medic; 4 October 2017 at 22:17.
Reason: auto incorrect

I spoke with the VA mortgage people today and learned something important I was unaware of, and would be willing to bet 90% of Veterans do not know either.

The mortgage guy asked if I had used my VA benefit before, and I replied yes, but the loan is paid off. I knew you could get another VA loan, but was not aware that this benefit can be used over and over. He went on to tell me that many vets wait till they are older to use that one benefit. You can actually have 2 at one time, provided one is primary residence.

Passing this on, hopefully it can help Someone out.

True and if you use it a second time, they charge a slightly higher VA fee. But if you have any VA disability, that fee is waved, but you will need to provide them proof of your rating.

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- Faith involves believing in the veracity of the unprovable and unobservable, whether that consists of religion or theoretical physics, which at the very subatomic level start looking rather similar. -ET1/SS Nuke

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- Faith involves believing in the veracity of the unprovable and unobservable, whether that consists of religion or theoretical physics, which at the very subatomic level start looking rather similar. -ET1/SS Nuke